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Aaron Schock, a rising Republican star already facing an ethics inquiry, has spent taxpayer and campaign funds on flights aboard private planes owned by some of his key donors, The Associated Press has found. The expenses highlight the relationships that lawmakers sometimes have with donors who fund their political ambitions, an unwelcome message for a...

Asian stocks quickly reversed their downtrend on Wednesday after news of U.S. President Barack Obama’s re-election removed a major source of uncertainty for regional markets. However, strategists told CNBC they were wary on how long the relief among investors would last.

As the hotly contested U.S. presidential election drew to a close in favor of Barack Obama, Democrats appeared poised to keep control of the Senate while Republicans maintained their hold on the House of Representatives.

Nevada has the highest unemployment rate in the nation, and its six electoral votes are up for grabs this election. Most of the state's registered voters are Democrats, but Republicans have been spending heavily.

A Republican economist who previously predicted President Barack Obama would prevail over Republican challenger Mitt Romney has changed his prediction, arguing to CNBC on Tuesday that current polls may overstate Obama’s support.

While Ohio has taken much of the focus of this election cycle, Virginia is still crucial. Even if Republican Governor Mitt Romney wins Ohio, he will still need Virginia's thirteen electoral votes to put him over the top.

Regardless of the outcome of the tightly contested presidential election, real estate mogul Donald Trump told CNBC’s “Squawk Box” on Tuesday that both sides will finally sit down and deal with the country’s fiscal problems.

Early voting has been under way for weeks across the country, but with Election Day almost here, the presidential candidates and their supporters are offering one last burst of activity. The New York Times reports.

With so much attention on the income divide between the top 1 percent and the other 99 percent of Americans, it might seem that having enormous business wealth wouldn’t be a great qualification for election as president. And if such a candidate pledged to keep taxes low for the wealthy, he would appear to have no chance at all in a troubled economy, The New York Times reports.

President Obama and Mitt Romney hunted for last-minute support on Sunday in a frenetic sprint across battleground states, even as their parties faced off in the first of what could be a growing number of legal disputes over presidential ballots and how they are counted. The The New York Times reports.